GRC special report: compliance costs
Regulatory compliance costs are set to be significant for the next few years as the regulatory landscape changes, and uncertainty and limited management time could pose even more problems
The financial sector faces a regulatory upheaval of unprecedented scope and scale. As well as reforms aimed at preventing a recurrence of the 2008 financial crisis, there are other laws – such as the UK Bribery Act, the US Foreign Account Tax Compliance Act (Fatca) and the UK Financial Services Authority’s (FSA) Retail Distribution Review (RDR) – with other roots that are coming into force over
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